Tema Electrification ETF (NASDAQ:VOLT – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $41.82 and last traded at $41.54, with a volume of 40415 shares traded. The stock had previously closed at $41.14.
Tema Electrification ETF Stock Up 1.4%
The company has a 50-day simple moving average of $39.30 and a two-hundred day simple moving average of $34.86. The stock has a market cap of $679.87 million, a P/E ratio of 379.18 and a beta of 1.06.
Institutional Trading of Tema Electrification ETF
Several institutional investors have recently added to or reduced their stakes in VOLT. Thrivent Financial for Lutherans grew its holdings in Tema Electrification ETF by 170.2% during the fourth quarter. Thrivent Financial for Lutherans now owns 2,300,473 shares of the company’s stock valued at $66,784,000 after purchasing an additional 1,449,199 shares during the period. Arrow Financial Corp bought a new stake in Tema Electrification ETF in the 4th quarter worth approximately $10,730,000. Members Advisory Group LLC purchased a new stake in Tema Electrification ETF during the fourth quarter valued at $9,684,000. Hengehold Capital Management LLC purchased a new stake in Tema Electrification ETF during the 4th quarter valued at $5,566,000. Finally, LPL Financial LLC raised its holdings in shares of Tema Electrification ETF by 831.9% in the fourth quarter. LPL Financial LLC now owns 146,969 shares of the company’s stock worth $4,251,000 after buying an additional 131,198 shares during the period. 33.60% of the stock is currently owned by hedge funds and other institutional investors.
About Tema Electrification ETF
The Tema Electrification ETF (VOLT) is an exchange-traded fund that mostly invests in utilities equity. The fund actively invests in a concentrated portfolio of companies worldwide that are positioned to benefit from the electrification megacycle. The fund seeks long-term growth of capital. VOLT was launched on Dec 3, 2024 and is issued by Tema.
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